Current trend of the GBP/JPY Bulllish channel reached it's Bearish Support price @ 147.890. Now there are two possibilities for market breakout
* Current market price of the GBP/JPY brekout the price 147.890 then it will be to touch the untested support @ 147.090.
* There is a good possibility to retrace the price from breakout from the bearish to bullish positions to go long.